30
Map
551 Shoreline Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2026 | Listed by Coldwell Banker American Dream | $175,000 | |
| Listed by Coldwell Banker American Dream | |||
| Jun 9, 2026 | No longer available | - | |
| No longer available | |||
| Jan 7, 2025 | Listed by Coldwell Banker American Dream | $175,000 | |
| Listed by Coldwell Banker American Dream | |||
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Beautiful sunsets and open water views from this corner lot right across the street from the lake. Located in the elegant gated community of Cedar Creek Landing. This area has invisible edge pool, clubhouse, boat launch and more. Also joins Cedar Creek Country Club for golf and many more amenities if wanted. Large lot at over half an acre would make a premier building site. Seller has had soil core test done. High quality builders in the area.
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| Sep 3, 2023 | No longer available | - | |
| No longer available | |||
| Jun 3, 2023 | Listed by Prestige Properties II, LLC | $179,900 | |
| Listed by Prestige Properties II, LLC | |||
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Beautiful sunsets and open water views from this corner lot right across the street from the lake. Located in the elegant gated community of Cedar Creek Landing. This area has invisible edge pool, clubhouse, boat launch and more. Also joins Cedar Creek Country Club for golf and many more amenities if wanted. Large lot at over half an acre would make a premier building site. Seller has had soil core test done. High quality builders in the area.
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Last Updated: 4 months ago
Data Source: NTREIS MLS, MLS# 21315575
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017